hmm, related topic, I remember 2008 GFC.
"Wall Street" - then .. 1980s
"Wall Street" - now .. not 1980s
Posted on 03/26/2015 7:55:01 AM PDT by WhiskeyX
More and more, posts and commentaries on the Internet in Russia and even abroad are generated by professional trolls, many of whom receive a higher-than-average salary for perpetuating a pro-Kremlin dialogue online.
There are thousands of fake accounts on Twitter, Facebook, LiveJournal, and vKontakte, all increasingly focused on the war in Ukraine. Many emanate from Russia's most famous "troll factory," the Internet Research center, an unassuming building on St. Petersburg's Savushkina Street, which runs on a 24-hour cycle. In recent weeks, former employees have come forward to talk to RFE/RL about life inside the factory, where hundreds of people work grinding, 12-hour shifts in exchange for 40,000 rubles ($700) a month or more.
St. Petersburg blogger Marat Burkhard spent two months working at Internet Research in the department tasked with clogging the forums on Russia's municipal websites with pro-Kremlin comments. In the following interview, he describes a typical day and the type of assignments he encountered.
(Excerpt) Read more at rferl.org ...
No, nationalization means government-owned business, no citizen is allowed ownership shares in the business.
Communist governments typically own the big money businesses in their countries.
What we’re seeing in China, for example, is little by little the government is allowing some shares of some of the state-owned companies to be sold to investors.
State-owned businesses in communist countries, however, even while they are 100% owned by the government, still will borrow money to finance large capital investments like new manufacturing plants. In order to conduct trade, such as buying and selling commodities, letters of credit are needed, financing is needed, etc. The firms they go to for such financing are the world’s top financial firms, which togther form lending syndicates so they can handle loans of virtually any size and they can spread risk. These bankers alone determine who they will lend to and who they will not. Governments, of course, can not force foreign citizens and firms to lend to them.
Communist governments themselves will also issue bonds and borrow from the same sources, to finance public infrastructure, military expenditures, etc.
This means that in order to get financing, communist nations have always had to deal with elite international banking firms according to the terms they set. And the top financial advisors to these governments - all are from within that same elite global banking community and they always have been. The top financial expert in every government is, of course, a key advisor to the top government officials, mostly because they are part of the international banking “fraternity” / “community”.
I found a great article which described relationships between Japan and elite banking in the period between WWI and WWII, even going back before WWI, to the Russo-Japanese War. Jacob Schiff, one of the key bankers involved, was given great honors by the Japanese government for his help in financing the war.
Another way international firms profit from communist governments is to buy products made in the state-owned factories at a low pridce and sell them in wealthier non-communist countries for a nice profit.
Also, the actual plant itself is frequently sold to the communist government, as they typically don’t have the technology and skills on a par with “capitalist” countries. Ford Motor Company sold off an entire plant (it was being replaced) to the USSR in the early 1930s. The plant operated for many decades, and was was initially all set up by Americans, of course. Trade continued with the USSR all during the Cold War - even including technology that was banned for sale to the USSR. See the Kama plant in Russia for another instance; Antony Sutton is a good source on this topic.
“No, nationalization means government-owned business, no citizen is allowed ownership shares in the business.”
I see what you mean. Though, it really depends on specific laws and regulation per country.
The nationalization I was thinking about means no foreign entity is allowed to have a major stake or outright own a resource that belongs to a country. Yes, in that sense it is “government owned”.
Whether a citizen (company) of a country is allowed to have a stake in a nationalized resource such as oil, the answer is yes. So long as a foreign entity doesn’t have a major stake in it or does not own a majority share in it. Depends on related laws per country.
Thanks for the ping back to the very interesting thread. Jarrett and the Chicago Fed (I did not know that).
6. But the grand nostrum will be a public debt…
9. The management of a great funded debt and a extensive system of taxes will afford a plea, not to be neglected, for establishment of a great incorporated bank. the use of such a machine is well understood. If the Constitution, according to its fair meaning, should not authorize it, so much the better. Push it through by a forced meaning and you will get in the bargain an admirable precedent for future misconstructions.
10. “Divide and govern” is a maxim consecrated by the experience of ages, and should be familiar in its use to every politician as the knife he carries in his pocket. In the work here to be executed, the best effects may be produced by this maxim, and with peculiar facility.
11. As soon as sufficient progress in the intended change shall have been made, and the public mind duly prepared according to the rules already laid down, it will be proper to venture on another and a bolder step toward a removal of the constitutional landmarks.
Rules for Radicals? No, “Rules for Changing a Limited Republican Government into an Unlimited Hereditary One”
Volume (?)
1784-1796
Philip Freneau
http://www.constitution.org/cmt/freneau/republic2monarchy.htm
h/t FReeper Publius
hmm, related topic, I remember 2008 GFC.
"Wall Street" - then .. 1980s
"Wall Street" - now .. not 1980s
Stock exchange and Federal Reserve are not necessarily capitalist. To understand why not, you need to hear what KGB defector Yuri Bezmenov said about their methods of subverting a targeted nation. https://www.youtube.com/watch?v=MuQmaupl5Gk
“That is because I am a paid Russian troll.”
If you are a paid Russian troll, they should fire you because you contribute big damn nothing to their propaganda.
For instance here you had a good opportunity: http://www.freerepublic.com/focus/f-news/3250542/posts this is the very same thing that trolls mentioned in the article were told to spread around, it’s been pushed forward on FR quite a few times with active participation of the same crowd that tries to hijack this thread.
Did your bosses at the State Dept. not tell you that Novaya Gazeta is also owned by a former KGB agent?
Or maybe you are such an amateur at Russian Trolling that you don't see the underlying incredible currents of movement and skill I exhibit.
I am a PROFESSIONAL. Look it up in the book.
They are a cog in the wheel to enslave us all. The illusion of power from size allows them. Government papering over their failure empowers them. They act lock step to crash the system and capitalism with it.
This is not just “conspiracy theory”. They are active players. Obozo’s friends. Part of the forces of evil.
Careful Laz...
At this rate you’ll be branded a “PUTIN LOVER!” or a “PAID RUSSIAN TROLL!” by these few Ukie troll ID’s.
How do you explain Ms. Jarrett’s meteoric rise to the uppermost echelons of Western Central Banking - if indeed she is a radical communist ?
The Chicago political machine.
http://www.discoverthenetworks.org/individualProfile.asp?indid=2418
“I am a PROFESSIONAL.”
If your task was to hijack this thread then you are indeed.
All kinds of big business don't like competition. That's pretty much master of the obvious issue.
Now what does it have to do with Russian troll factories ? Nothing except that KGB convinced NWO nutjobs that Putin is somehow a cure for globalism. Loosely related.
Putin, like every other national political leader, is part of globalism.
Every national politician must deal with the elites of international finance, and the national politicians of major nations never have been able to truly stand up to the elites. Instead, they do the bidding of the elites.
A few of posts on this thread spill the beans that since the fall of the Tsar Russia has been a plaything of international finance; all its leaders were nothing but minions of international banking.
Putin cures nothing.
I am amazing and you are a two-year-old toddler, you paid Ukranian troll.
...”So is the Chicago political machine in favor of Communism ???.....Isn’t the Chicago machine about corruption and crime?”.......
Yes and yes......they just changed the name from Communist to ‘Progressives”.
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